Global Trade Alert
Global Trade Alert

Indonesia: Government established the income tax facility for certain domestic businesses having investements in the beef meat and beef cattle breeding industries

Announcement

18 Oct 2024

In October 2024, the Minister of Agriculture of Indonesia established the income tax facility for domestic businesses having investments of at least IDR 10 billion (USD 643'657) in the beef meat and beef cattle breeding industries.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Oct 2024

Revocation date:

No revocation date

Updated: 18 Oct 2024
Local content incentive In force

On 18 October 2024, the Minister of Agriculture of Indonesia issued Regulation No.11/2024, requiring the use of at least 90% of domestic vaccine and feed for investments in beef meat and beef cattl...

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Updated: 18 Oct 2024
Tax or social insurance relief In force

On 18 October 2024, the Minister of Agriculture of Indonesia issued Regulation No.11/2024, establishing the income tax facility for domestic businesses having investments of at least IDR 10 billion...

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